1 May 2012 Military Pay

It is still a while until the next military payday, but the subject has been getting more and more popular the last day or two. Unfortunately for those who are hoping that payday is coming soon, the next military payday is not until Tuesday, 1 May 2012. That’s still 11 days away! Most military folks will see their active duty pay hit their bank accounts sometime on Tuesday, 1 May. However, several military-focused banks and credit unions offer early direct deposit as a courtesy to their customers.

USAA and PMCU disburse military pay deposits one business day early. For this pay period, that will be on Monday, 30 April 2012. It can still be any time on that day so please don’t panic if it isn’t showing at your “usual” time. There are other banks and credit unions that offer early deposit with various schedules. If you are not sure, ask!

It is a little more complicated if you have Navy Federal Credit Union because they actually have two different pay distribution schedules depending on what type of checking account you have. If you have an Active Duty checking, then your pay is released one business day early. For this pay period it is a little confusing but I *think* that you will see your pay pending on Friday, 27 April to be processed overnight and available for use on Saturday, 28. This is stated on the Navy Federal Credit Union Military Active Duty Posting Calendar. However, I’m not positive about this. Please plan for the worst and assume that you will not have access to your pay until Monday, 30 April. If you have any other type of checking account, you will see your pay pending on Monday, 30 April to be posted overnight and available for use on Tuesday, 1 May.

This has been one of many long pay periods this year. The next one is super-long, 19 days, from 13 July to 1 August, and then again over the holidays when it will be 17days from 14 December to 31 December. Be sure to plan ahead so you don’t get stuck!

Derrick, I would not expect to see it pending yet. If you have an Active Duty checking account (because you chose that type of account, it is not automatic because you are on active duty), you should see your pay pending Friday to post overnight and be available for use on Saturday. If you have any other type of checking account, you should see your pay pending Monday to post overnight and be available for use on Tuesday.

Yeah I have active duty checking I switched mine from everyday checking to active duty checking a while back. So let me get this correct IF we are going 2 get paid early we SHOULD see it pending Friday for Saturday .

the bank won't put the money in regardless as the type of payment until the actual pay period the pending of payment is a couterous feature with those on direct deposit providing that the bank provides such service
am still haven't got a pending deposit notice from nfcu and 4 days to the actual payday if not posted by wensday morning I plan on calling the bank to inquire nothing on my eras nor have i goten a letter from the va stating any changes in payment ie like not getting paid

When they say the 27th for active duty checking, are they saying as in thursday night pacific(9) and 12am eastern time when it TURNS the 27th or are they meaning friday the night of the 27th when it's about to turn into the 28th? lol

I am not sure where this "USAA never pays on a Monday" rumor started…..we've has USAA for over 10 years and gotten paid on Mondays plenty of times; we just had this same scenario happen in Oct 2011 (1st was a Tues, 31st a Mon) and we got paid *ON* Monday; fund should be avail thru USAA on Monday, April 30th

I am not sure where this "USAA never pays on a Monday" rumor started…..we've had USAA for over 10 years and gotten paid on Mondays plenty of times; we just had this same scenario happen in Oct 2011 (1st was a Tues, 31st a Mon) and we got paid *ON* Monday; fund should be avail thru USAA on Monday, April 30th

Virginia, I am not familiar with the policies and practices of Marine Federal Credit Union. According to their website, they will deposit military pay on Monday, 30 April 2012. I'm not sure if they offer a pending status…most banks do not. It is primarily a Navy Federal thing. I would imagine that you will be paid on Monday.